Property, Equipment and Leasehold Improvements, Net

3 Months Ended

Mar. 31, 2022

Property Plant And Equipment [Abstract]

Property, Equipment and Leasehold Improvements, Net

6. PROPERTY, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET

Property, equipment and leasehold improvements, net consisted of the following as of the dates indicated:

	As of
	March 31,			December 31,
	2022			2021
	(in thousands)
Computer & related equipment	$	180,600		$	179,557
Furniture & fixtures		15,162			14,194
Leasehold improvements		57,138			56,308
Work-in-process		2,617			2,699
Subtotal		255,517			252,758
Accumulated depreciation and amortization		(190,835	)		(186,043	)
Property, equipment and leasehold improvements, net	$	64,682		$	66,715

Depreciation and amortization expense of property, equipment and leasehold improvements was $6.5 million and $7.1 million for the three months ended March 31, 2022 and 2021, respectively.